Stock Market

  • Sensex up 77 points, Nifty ends above 7950 points 4 days ago

    Mumbai: Equity benchmarks ended at new closing high on Thursday. The Sensex rose 77.96 points to 26638.11 led by capital goods, FMCG, oil & gas and private banks. The Nifty closed above the 7950 on the expiry day for August derivative contracts, up 18.30 points at 7954.35. The BSE Midcap...
  • Sensex, Nifty hit new peaks on Eurozone stimulus hopes, US data 5 days ago

    Mumbai: Indian stocks rose for the fifth day with benchmark Sensex on Wednesday vaulting 117.34 points to a new closing peak for the third session in a row on hopes of fresh stimulus in Eurozone and positive Asian cues after investors welcomed data indicating the US economy is back on...
  • Volatile Sensex ekes out margin gain to end at new peak at 26,442.81 6 days ago

    Mumbai: In volatile trade, the benchmark Sensex on Tuesday rose a marginal 6 points to log a new closing peak of 26,442.81, extending its winning run to the fourth straight session, on buying in healthcare and FMCG shares while battered metal stocks also witnessed a late recovery. In addition, covering up...
  • Sensex falls over 192 points, ends below 26,000-mark on outflows July 31, 2014

    Mumbai: The benchmark Sensex on Thursday slipped below the 26,000-mark by falling over 192 points as caution prevailed on the expiry of July derivative contracts and capital outflows after US Fed once again tapered its stimulus. Besides, a weakening rupee that depreciated 46 paise against the dollar to 60.52 intra-day...
  • Average CEO salary at top Sensex firms near Rs 10 crore July 27, 2014

    New Delhi: The average CEO pay at India's top listed companies has risen to Rs 10 crore a year, but still remains less than one-tenth of over Rs 100 crore median remuneration paid to their peers in the US. The top executives of the country's biggest blue chip companies, forming...
  • Rupee down 11 paise against dollar in early trade July 15, 2014

    Mumbai: The rupee fell by another 11 paise to trade at 60.187 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange market due to renewed demand for the American currency from importers and appreciation of the greenback overseas. Forex dealers said besides dollar's gains against other currencies...
  • Sensex ends flat despite fall in June inflation; metals up July 14, 2014

    Mumbai: Equity benchmarks started off the week on a sluggish note with the indices falling marginally on Monday despite better inflation data, weighed down by FMCG and select banks & technology stocks. However, rally in metals and capital goods capped the downside. The 30-share BSE Sensex managed to hold the...
  • Sensex closes flat amid inflation, Iraq woes; IT supports June 16, 2014

    Mumbai: Equity benchmarks closed flat with a negative bias amid volatility as unexpected spike in inflation and unstoppable violence in Iraq made investors cautious. The BSE Sensex fell 37.69 points to close at 25190.48 while the NSE Nifty managed to hold the 7500 level, down 8.55 points to 7533.55 but...
  • Sensex snaps record-setting spree, down 56 points on caution May 14, 2014

    Mumbai: Indian stock markets took a breather on Wednesday with benchmark Sensex losing 56 points to retreat from a record as investors booked profits and ended four straight days of gains sparked by hopes of the BJP-led NDA forming the next government at the Centre. The Sensex, which had gained 1,547...
  • Authorities keep vigil on stock market as exit polls pour in May 12, 2014

    New Delhi: With exit polls predicting victory for the NDA in the elections, investors and market authorities are keeping a close watch on stock markets to guard against excessive volatility. The BSE benchmark Sensex on Monday closed at a new high of 23,551 points while NSE...
  • Sensex, Nifty end in red; Infosys up 1 pc ahead of Q4 results April 11, 2014

    Mumbai: After remaining under pressure for the whole day, the market ended on a negative note. The Sensex was down 86.37 points at 22628.96, and the Nifty was down 20.10 points at 6776.30. About 1473 shares have advanced, 1227 shares declined, and 171 shares are unchanged. Sun Pharma, TCS and...
  • Sensex loses 150 points, Nifty ends below 6700; Cipla, SBI up April 4, 2014

    Mumbai: Investors booked profit ahead of the weekend, which dragged the market on Friday. The Sensex closed down 149.57 points at 22359.50, and the Nifty ended at 6694.35, down 41.75 points. About 1640 shares advanced, 1119 shares declined, and 143 shares were unchanged. BHEL, NTPC and Bharti Airtel lost 2...
  • Tata Steel and Axis gain, Reliance falls 3 per cent; Sensex ends flat March 21, 2014

    Mumbai: After a rangebound day, the market ended on a flat note. The Sensex was up 13.66 points at 21753.75, and the Nifty gained 10.10 points at 6493.20. About 1575 shares advanced, 1231 shares declined, and 144 shares were unchanged. Steel stocks remained stars of the day...
  • Sensex ends flat, Nifty above 6500 March 18, 2014

    Mumbai: After a little bit of negativity in the last hour, the market ended on a positive note. The Nifty managed to end above 6500 at 6516, up 12.45 points. The Sensex was up 22.81 points at 21832.61. Maruti hogged the limelight with a consistent 7 percent gain throughout the...
  • Infosys loses 8 per cent, Sun Pharma falls 5 per cent; Nifty ends below 6500 March 13, 2014

    Mumbai: After struggling with the bears, the market closed in negative terrain. The Nifty gave away the 6500-level, holding it well for five consecutive days. The Nifty ended down 23.80 points at 6493.10. The Sensex was down 81.61 points at 21774.61. About 1278 shares advanced, 1495 shares declined, and...
  • Sensex falls over 173 points to end at 20,946.65 March 3, 2014

    Mumbai: The benchmark Sensex on Monday fell over 173 points, its first drop in six sessions, to end below the 21,000-mark on economic growth concerns and global meltdown due to fears of war between Ukraine and Russia. Healthcare, IT, Power, Auto and Capital Goods shares were among the hardest hit....
  • Sensex recovers from 4-mth lows on late buying, ends flat February 4, 2014

    Mumbai: The BSE benchmark index Sensex recovered from four-month low levels in day trade to end flat on value buying by investors in fundamentally strong stocks amid weak global trends. Earlier in the day, the 30-share barometer had plunged by 246 points to 19,963.12 points, a level last seen on...
  • Twitter shares dazzle on IPO day, stock soars 73% to close at $44.90 November 8, 2013

    New York: Shares of Twitter went on sale to the public for the first time on Thursday, instantly leaping more than 70 per cent above their offering price in a dazzling debut that exceeded even Wall Street's lofty hopes. By the closing bell, the social network that reinvented global communication in...
  • Rupee falls on weak local equities November 5, 2013

    Mumbai: The rupee surged to 61.6150 from its previous close of 61.74/75 as dealers cited talk of dollar sales from a foreign telecom company. Traders also cite dollar sales from foreign banks on bunched up inflows after markets were closed on Monday for a public holiday. The rupee strengthens even as the...
  • Stock market to remain open today for Muhurat trading November 3, 2013

    Mumbai: The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain open on Sunday between 6:15 PM and 7:30 PM for Muhurat trading. The BSE, NSE, Forex and Money markets will remain closed on Monday, November 4, 2013, for "Diwali-Balipratipada". The Oils and Oilseeds market will also remain...
  • Rupee ends at over 2-week high, up 8 paise at 61.23 vs dollar October 30, 2013

    Mumbai: The rupee added another 8 paise to end at 61.23 against the dollar, the highest level in more than two weeks, as the US currency traded stable ahead of the outcome of Federal Reserve's meeting on Wednesday and as domestic shares surged to a record. The rupee also got...
  • Google stock crosses $1,000 mark for the first time October 19, 2013

    New York: Google's stock surpassed the $1,000 mark for the first time, helped by strong third-quarter results. Shortly after the markets opened Friday, Google shares jumped 14 percent to $1,015.46 and closed a day heavy trading at $1,011.41. The gains marked Google's biggest one-day jump in more than five years. The stock...
  • Google shares break $1,000 barrier as mobile pays off October 18, 2013

    San Francisco: Google Inc shares jumped past $1,000 on Friday as investors bet on the Internet company's continued dominance of the mobile and video advertising businesses despite aggressive competition from Facebook Inc and Yahoo Inc. Shares of the world's No. 1 search company rose more than 13 percent to hit an...
  • Indian stocks, currency sink as Syrian tension worsens September 3, 2013

    Mumbai: Indian rupee and stock markets plunged on Tuesday, with bechmark Sensex sliding by 650 points on reports that missiles were fired at Syria, raising fears of disruption in oil supply and spike in prices. The Indian rupee slipped below 68 against a dollar, losing more than two percent of its value...
  • RBI's rupee rescue lifts Sensex by over 400 points August 29, 2013

    Mirroring the turnaround in rupee, stock markets on Tuesday soared with the S~~amp;amp;P BSE benchmark Sensex logging its best gain in a week of nearly 405 points to end at 18,401.04 on across-the-board buying after RBI opened a special window to help PSU oil firms meet daily forex needs. The gains...
  • Wipro to replace Reliance Infra in Nifty August 28, 2013

    Indian software services exporter Wipro Ltd(WIPR.NS) will replace Reliance Infrastructure Ltd(RLIN.NS) in the National Stock Exchange's 50-stock Nifty effective September 27, the NSE said in a statement on Tuesday. Wipro had been excluded from the NSE index from April 1. "A corporate action like our demerger of a listed company would generally...
  • SEBI starts rule-making process for newly granted powers August 26, 2013

    Pursuant to an ordinance promulgated by the government last month, the powers of SEBI (Securities and Exchange Board of India) officials have been widened to include search and seizure, attachment of properties, arrest and detention of defaulters and disgorgement orders to recover wrongful gains. Officials have been empowered to seek the...
  • Inflation could accelerate due to rupee fall, says RBI August 22, 2013

    India's inflation could accelerate in the current fiscal year due to the rupee's sharp depreciation, the Reserve Bank of India (RBI) said in a report on Thursday. The Indian rupee touched record low of 65.52/dollar on Thursday and is down 16 percent so far this year despite efforts by policymakers to...
  • Chidambaram warns of flat Q1, says rupee undervalued August 22, 2013

    India's troubled economy did not rebound in the quarter that ended in June but will begin to in the rest of the financial year, the finance minister said on Thursday, after the rupee, which he said was "undervalued," hit another record low. The rupee has tumbled 17 percent since May, leading...
  • No need for nervousness, Chidambaram assures stock markets May 23, 2013

    New Delhi: Finance Minister P Chidambaram on Thursday sought to assuage the stock market, after it declined by over 350 points, by asserting that there was no need for any "nervousness" and the participants should read the situation correctly rather than be influenced by external developments. "There is no need for...